401k Plan data: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN plan

ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 401k Plan overview

Plan Name	ACV AUCTIONS INC 401 K PROFIT SHARING PLAN
Plan identification number	001

ACV AUCTIONS INC 401 K PROFIT SHARING PLAN Benefits

401k Plan Type

Defined Contribution Pension

Plan Features/Benefits

Profit-sharing
ERISA section 404(c) Plan - This plan, or any part of it is intended to meet the conditions of 29 CFR 2550.404c-1.
Total participant-directed account plan - Participants have the opportunity to direct the investment of all the assets allocated to their individual accounts, regardless of whether 29 CFR 2550.404c-1 is intended to be met.
Code section 401(k) feature - A cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan that provides for an election by employees to defer part of their compensation or receive these amounts in cash.
Code section 401(m) arrangement - Employee contributions are allocated to separate accounts under the plan or employer contributions are based, in whole or in part, on employee deferrals or contribtions to the plan. Not applicable if plan is 401(k) plan with only QNECs and/or QMACs. Also not applicable if Code section 403(b)(1), 403(b)(7) or 408 arrangements/accounts/annuities.
Total or partial participant-directed account plan - plan uses default investment account for participants who fail to direct assets in their account.
Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

ACV AUCTIONS INC has sponsored the creation of one or more 401k plans.

Company Name: ACV AUCTIONS INC

Employer identification number (EIN): 472415221

NAIC Classification: 511210
NAIC Description: Software Publishers

Additional information about ACV AUCTIONS INC

Jurisdiction of Incorporation: State of Delaware Division of Corporations

Incorporation Date:

Company Identification Number: 5666092

More information about ACV AUCTIONS INC

Form 5500 Filing Information

Submission information for form 5500 for 401k plan ACV AUCTIONS INC 401 K PROFIT SHARING PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator Signed Name of Company Sponsor Date Sponsor Signed
001 2023-01-01
001 2022-01-01
001 2021-01-01
001 2020-01-01
001 2019-01-01
001 2018-01-01
001 2017-01-01 AMANDA COLLINS 2018-06-18

Plan Statistics for ACV AUCTIONS INC 401 K PROFIT SHARING PLAN

401k plan membership statisitcs for ACV AUCTIONS INC 401 K PROFIT SHARING PLAN

Measure Date Value
2023: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year 2023-01-01 2,034
Total number of active participants reported on line 7a of the Form 5500 2023-01-01 1,938
Number of retired or separated participants receiving benefits 2023-01-01 0
Number of other retired or separated participants entitled to future benefits 2023-01-01 134
Total of all active and inactive participants 2023-01-01 2,072
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2023-01-01 0
Total participants 2023-01-01 2,072
Number of participants with account balances 2023-01-01 906
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2023-01-01 0
2022: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year 2022-01-01 1,902
Total number of active participants reported on line 7a of the Form 5500 2022-01-01 2,265
Number of retired or separated participants receiving benefits 2022-01-01 0
Number of other retired or separated participants entitled to future benefits 2022-01-01 69
Total of all active and inactive participants 2022-01-01 2,334
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2022-01-01 0
Total participants 2022-01-01 2,334
Number of participants with account balances 2022-01-01 879
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2022-01-01 0
2021: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year 2021-01-01 1,408
Total number of active participants reported on line 7a of the Form 5500 2021-01-01 1,674
Number of retired or separated participants receiving benefits 2021-01-01 0
Number of other retired or separated participants entitled to future benefits 2021-01-01 107
Total of all active and inactive participants 2021-01-01 1,781
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2021-01-01 0
Total participants 2021-01-01 1,781
Number of participants with account balances 2021-01-01 747
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2021-01-01 0
2020: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year 2020-01-01 466
Total number of active participants reported on line 7a of the Form 5500 2020-01-01 521
Number of retired or separated participants receiving benefits 2020-01-01 0
Number of other retired or separated participants entitled to future benefits 2020-01-01 44
Total of all active and inactive participants 2020-01-01 565
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2020-01-01 0
Total participants 2020-01-01 565
Number of participants with account balances 2020-01-01 549
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2020-01-01 0
2019: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year 2019-01-01 524
Total number of active participants reported on line 7a of the Form 5500 2019-01-01 989
Number of retired or separated participants receiving benefits 2019-01-01 0
Number of other retired or separated participants entitled to future benefits 2019-01-01 43
Total of all active and inactive participants 2019-01-01 1,032
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2019-01-01 0
Total participants 2019-01-01 1,032
Number of participants with account balances 2019-01-01 383
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2019-01-01 0
2018: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year 2018-01-01 185
Total number of active participants reported on line 7a of the Form 5500 2018-01-01 474
Number of retired or separated participants receiving benefits 2018-01-01 0
Number of other retired or separated participants entitled to future benefits 2018-01-01 20
Total of all active and inactive participants 2018-01-01 494
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits 2018-01-01 0
Total participants 2018-01-01 494
Number of participants with account balances 2018-01-01 195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested 2018-01-01 0

Measure	Date	Value
2023: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2023 401k membership
Total participants, beginning-of-year	2023-01-01	2,034
Total number of active participants reported on line 7a of the Form 5500	2023-01-01	1,938
Number of retired or separated participants receiving benefits	2023-01-01	0
Number of other retired or separated participants entitled to future benefits	2023-01-01	134
Total of all active and inactive participants	2023-01-01	2,072
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2023-01-01	0
Total participants	2023-01-01	2,072
Number of participants with account balances	2023-01-01	906
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2023-01-01	0
2022: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2022 401k membership
Total participants, beginning-of-year	2022-01-01	1,902
Total number of active participants reported on line 7a of the Form 5500	2022-01-01	2,265
Number of retired or separated participants receiving benefits	2022-01-01	0
Number of other retired or separated participants entitled to future benefits	2022-01-01	69
Total of all active and inactive participants	2022-01-01	2,334
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2022-01-01	0
Total participants	2022-01-01	2,334
Number of participants with account balances	2022-01-01	879
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2022-01-01	0
2021: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2021 401k membership
Total participants, beginning-of-year	2021-01-01	1,408
Total number of active participants reported on line 7a of the Form 5500	2021-01-01	1,674
Number of retired or separated participants receiving benefits	2021-01-01	0
Number of other retired or separated participants entitled to future benefits	2021-01-01	107
Total of all active and inactive participants	2021-01-01	1,781
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2021-01-01	0
Total participants	2021-01-01	1,781
Number of participants with account balances	2021-01-01	747
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2021-01-01	0
2020: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2020 401k membership
Total participants, beginning-of-year	2020-01-01	466
Total number of active participants reported on line 7a of the Form 5500	2020-01-01	521
Number of retired or separated participants receiving benefits	2020-01-01	0
Number of other retired or separated participants entitled to future benefits	2020-01-01	44
Total of all active and inactive participants	2020-01-01	565
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2020-01-01	0
Total participants	2020-01-01	565
Number of participants with account balances	2020-01-01	549
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2020-01-01	0
2019: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2019 401k membership
Total participants, beginning-of-year	2019-01-01	524
Total number of active participants reported on line 7a of the Form 5500	2019-01-01	989
Number of retired or separated participants receiving benefits	2019-01-01	0
Number of other retired or separated participants entitled to future benefits	2019-01-01	43
Total of all active and inactive participants	2019-01-01	1,032
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2019-01-01	0
Total participants	2019-01-01	1,032
Number of participants with account balances	2019-01-01	383
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2019-01-01	0
2018: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2018 401k membership
Total participants, beginning-of-year	2018-01-01	185
Total number of active participants reported on line 7a of the Form 5500	2018-01-01	474
Number of retired or separated participants receiving benefits	2018-01-01	0
Number of other retired or separated participants entitled to future benefits	2018-01-01	20
Total of all active and inactive participants	2018-01-01	494
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits	2018-01-01	0
Total participants	2018-01-01	494
Number of participants with account balances	2018-01-01	195
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested	2018-01-01	0

Financial Data on ACV AUCTIONS INC 401 K PROFIT SHARING PLAN

Measure	Date	Value
2023 : ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2023 401k financial data
Total unrealized appreciation/depreciation of assets	2023-12-31	$0
Total transfer of assets to this plan	2023-12-31	$0
Total transfer of assets from this plan	2023-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2023-12-31	$0
Total income from all sources (including contributions)	2023-12-31	$10,801,897
Total loss/gain on sale of assets	2023-12-31	$0
Total of all expenses incurred	2023-12-31	$2,309,932
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2023-12-31	$2,191,388
Expenses. Certain deemed distributions of participant loans	2023-12-31	$37,449
Value of total corrective distributions	2023-12-31	$66,852
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2023-12-31	$6,755,666
Value of total assets at end of year	2023-12-31	$27,978,767
Value of total assets at beginning of year	2023-12-31	$19,486,802
Total of administrative expenses incurred including professional, contract, advisory and management fees	2023-12-31	$14,243
Total interest from all sources	2023-12-31	$24,791
Total dividends received (eg from common stock, registered investment company shares)	2023-12-31	$618,553
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2023-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2023-12-31	$618,553
Was this plan covered by a fidelity bond	2023-12-31	Yes
Value of fidelity bond cover	2023-12-31	$500,000
If this is an individual account plan, was there a blackout period	2023-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2023-12-31	No
Contributions received from participants	2023-12-31	$6,149,676
Participant contributions at end of year	2023-12-31	$383,108
Participant contributions at beginning of year	2023-12-31	$295,796
Participant contributions at end of year	2023-12-31	$218,095
Participant contributions at beginning of year	2023-12-31	$179,909
Income. Received or receivable in cash from other sources (including rollovers)	2023-12-31	$605,990
Other income not declared elsewhere	2023-12-31	$67,421
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Value of net income/loss	2023-12-31	$8,491,965
Value of net assets at end of year (total assets less liabilities)	2023-12-31	$27,978,767
Value of net assets at beginning of year (total assets less liabilities)	2023-12-31	$19,486,802
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2023-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2023-12-31	No
Were any leases to which the plan was party in default or uncollectible	2023-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2023-12-31	$26,600,782
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2023-12-31	$18,370,230
Interest on participant loans	2023-12-31	$24,791
Value of interest in common/collective trusts at end of year	2023-12-31	$776,782
Value of interest in common/collective trusts at beginning of year	2023-12-31	$640,867
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2023-12-31	$3,315,723
Net investment gain or loss from common/collective trusts	2023-12-31	$19,743
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2023-12-31	No
Was there a failure to transmit to the plan any participant contributions	2023-12-31	No
Has the plan failed to provide any benefit when due under the plan	2023-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2023-12-31	$2,191,388
Did the plan have assets held for investment	2023-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2023-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2023-12-31	No
Opinion of an independent qualified public accountant for this plan	2023-12-31	Unqualified
Accountancy firm name	2023-12-31	LUMSDEN MCCORMICK
Accountancy firm EIN	2023-12-31	160765486
2022 : ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2022 401k financial data
Total unrealized appreciation/depreciation of assets	2022-12-31	$0
Total transfer of assets to this plan	2022-12-31	$0
Total transfer of assets from this plan	2022-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2022-12-31	$0
Total income from all sources (including contributions)	2022-12-31	$3,905,032
Total loss/gain on sale of assets	2022-12-31	$0
Total of all expenses incurred	2022-12-31	$1,658,828
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2022-12-31	$1,435,147
Expenses. Certain deemed distributions of participant loans	2022-12-31	$35,862
Value of total corrective distributions	2022-12-31	$175,030
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2022-12-31	$7,155,071
Value of total assets at end of year	2022-12-31	$19,486,802
Value of total assets at beginning of year	2022-12-31	$17,240,598
Total of administrative expenses incurred including professional, contract, advisory and management fees	2022-12-31	$12,789
Total interest from all sources	2022-12-31	$17,076
Total dividends received (eg from common stock, registered investment company shares)	2022-12-31	$456,696
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2022-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2022-12-31	$456,696
Was this plan covered by a fidelity bond	2022-12-31	Yes
Value of fidelity bond cover	2022-12-31	$500,000
If this is an individual account plan, was there a blackout period	2022-12-31	No
Were there any nonexempt tranactions with any party-in-interest	2022-12-31	No
Contributions received from participants	2022-12-31	$5,733,263
Participant contributions at end of year	2022-12-31	$295,796
Participant contributions at beginning of year	2022-12-31	$290,928
Participant contributions at end of year	2022-12-31	$179,909
Participant contributions at beginning of year	2022-12-31	$179,525
Income. Received or receivable in cash from other sources (including rollovers)	2022-12-31	$1,421,808
Other income not declared elsewhere	2022-12-31	$2,652
Administrative expenses (other) incurred	2022-12-31	$12,789
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Value of net income/loss	2022-12-31	$2,246,204
Value of net assets at end of year (total assets less liabilities)	2022-12-31	$19,486,802
Value of net assets at beginning of year (total assets less liabilities)	2022-12-31	$17,240,598
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2022-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2022-12-31	No
Were any leases to which the plan was party in default or uncollectible	2022-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2022-12-31	$18,370,230
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2022-12-31	$16,495,021
Interest on participant loans	2022-12-31	$17,076
Value of interest in common/collective trusts at end of year	2022-12-31	$640,867
Value of interest in common/collective trusts at beginning of year	2022-12-31	$275,124
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2022-12-31	$-3,734,975
Net investment gain or loss from common/collective trusts	2022-12-31	$8,512
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2022-12-31	No
Was there a failure to transmit to the plan any participant contributions	2022-12-31	No
Has the plan failed to provide any benefit when due under the plan	2022-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2022-12-31	$1,435,147
Did the plan have assets held for investment	2022-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2022-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2022-12-31	No
Opinion of an independent qualified public accountant for this plan	2022-12-31	Unqualified
Accountancy firm name	2022-12-31	LUMSDEN MCCORMICK
Accountancy firm EIN	2022-12-31	160765486
2021 : ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2021 401k financial data
Total unrealized appreciation/depreciation of assets	2021-12-31	$0
Total transfer of assets to this plan	2021-12-31	$0
Total transfer of assets from this plan	2021-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2021-12-31	$0
Total income from all sources (including contributions)	2021-12-31	$9,605,789
Total loss/gain on sale of assets	2021-12-31	$0
Total of all expenses incurred	2021-12-31	$786,324
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2021-12-31	$752,837
Expenses. Certain deemed distributions of participant loans	2021-12-31	$24,373
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2021-12-31	$8,002,101
Value of total assets at end of year	2021-12-31	$17,240,598
Value of total assets at beginning of year	2021-12-31	$8,421,133
Total of administrative expenses incurred including professional, contract, advisory and management fees	2021-12-31	$9,114
Total interest from all sources	2021-12-31	$12,570
Total dividends received (eg from common stock, registered investment company shares)	2021-12-31	$1,795,008
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2021-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2021-12-31	$1,795,008
Was this plan covered by a fidelity bond	2021-12-31	Yes
Value of fidelity bond cover	2021-12-31	$500,000
If this is an individual account plan, was there a blackout period	2021-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2021-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2021-12-31	No
Contributions received from participants	2021-12-31	$4,355,187
Participant contributions at end of year	2021-12-31	$290,928
Participant contributions at beginning of year	2021-12-31	$153,789
Participant contributions at end of year	2021-12-31	$179,525
Participant contributions at beginning of year	2021-12-31	$228,129
Income. Received or receivable in cash from other sources (including rollovers)	2021-12-31	$3,646,914
Administrative expenses (other) incurred	2021-12-31	$9,114
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Value of net income/loss	2021-12-31	$8,819,465
Value of net assets at end of year (total assets less liabilities)	2021-12-31	$17,240,598
Value of net assets at beginning of year (total assets less liabilities)	2021-12-31	$8,421,133
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2021-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2021-12-31	No
Were any leases to which the plan was party in default or uncollectible	2021-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2021-12-31	$16,495,021
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2021-12-31	$7,910,558
Interest on participant loans	2021-12-31	$12,570
Value of interest in common/collective trusts at end of year	2021-12-31	$275,124
Value of interest in common/collective trusts at beginning of year	2021-12-31	$128,657
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2021-12-31	$-206,884
Net investment gain or loss from common/collective trusts	2021-12-31	$2,994
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2021-12-31	No
Was there a failure to transmit to the plan any participant contributions	2021-12-31	No
Has the plan failed to provide any benefit when due under the plan	2021-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2021-12-31	$752,837
Did the plan have assets held for investment	2021-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2021-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2021-12-31	No
Opinion of an independent qualified public accountant for this plan	2021-12-31	Unqualified
Accountancy firm name	2021-12-31	LUMSDEN MCCORMICK
Accountancy firm EIN	2021-12-31	160765486
2020 : ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2020 401k financial data
Total unrealized appreciation/depreciation of assets	2020-12-31	$0
Total transfer of assets to this plan	2020-12-31	$0
Total transfer of assets from this plan	2020-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2020-12-31	$0
Total income from all sources (including contributions)	2020-12-31	$4,388,139
Total loss/gain on sale of assets	2020-12-31	$0
Total of all expenses incurred	2020-12-31	$524,233
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2020-12-31	$490,331
Expenses. Certain deemed distributions of participant loans	2020-12-31	$20,758
Value of total corrective distributions	2020-12-31	$6,548
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2020-12-31	$3,284,850
Value of total assets at end of year	2020-12-31	$8,421,133
Value of total assets at beginning of year	2020-12-31	$4,557,227
Total of administrative expenses incurred including professional, contract, advisory and management fees	2020-12-31	$6,596
Total interest from all sources	2020-12-31	$6,029
Total dividends received (eg from common stock, registered investment company shares)	2020-12-31	$173,434
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2020-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2020-12-31	$173,434
Was this plan covered by a fidelity bond	2020-12-31	Yes
Value of fidelity bond cover	2020-12-31	$456,000
If this is an individual account plan, was there a blackout period	2020-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2020-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2020-12-31	No
Contributions received from participants	2020-12-31	$2,590,167
Participant contributions at end of year	2020-12-31	$153,789
Participant contributions at beginning of year	2020-12-31	$97,622
Participant contributions at end of year	2020-12-31	$228,129
Participant contributions at beginning of year	2020-12-31	$94,962
Income. Received or receivable in cash from other sources (including rollovers)	2020-12-31	$694,683
Administrative expenses (other) incurred	2020-12-31	$6,596
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Value of net income/loss	2020-12-31	$3,863,906
Value of net assets at end of year (total assets less liabilities)	2020-12-31	$8,421,133
Value of net assets at beginning of year (total assets less liabilities)	2020-12-31	$4,557,227
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2020-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2020-12-31	No
Were any leases to which the plan was party in default or uncollectible	2020-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2020-12-31	$7,910,558
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2020-12-31	$4,291,488
Interest on participant loans	2020-12-31	$6,029
Value of interest in common/collective trusts at end of year	2020-12-31	$128,657
Value of interest in common/collective trusts at beginning of year	2020-12-31	$73,155
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2020-12-31	$921,499
Net investment gain or loss from common/collective trusts	2020-12-31	$2,327
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2020-12-31	No
Was there a failure to transmit to the plan any participant contributions	2020-12-31	No
Has the plan failed to provide any benefit when due under the plan	2020-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2020-12-31	$490,331
Did the plan have assets held for investment	2020-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2020-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2020-12-31	No
Opinion of an independent qualified public accountant for this plan	2020-12-31	Disclaimer
Accountancy firm name	2020-12-31	LUMSDEN MCCORMICK
Accountancy firm EIN	2020-12-31	160765486
2019 : ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2019 401k financial data
Total unrealized appreciation/depreciation of assets	2019-12-31	$0
Total transfer of assets to this plan	2019-12-31	$0
Total transfer of assets from this plan	2019-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2019-12-31	$0
Total income from all sources (including contributions)	2019-12-31	$3,722,887
Total loss/gain on sale of assets	2019-12-31	$0
Total of all expenses incurred	2019-12-31	$112,609
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2019-12-31	$105,976
Expenses. Certain deemed distributions of participant loans	2019-12-31	$2,503
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2019-12-31	$3,226,319
Value of total assets at end of year	2019-12-31	$4,557,227
Value of total assets at beginning of year	2019-12-31	$946,949
Total of administrative expenses incurred including professional, contract, advisory and management fees	2019-12-31	$4,130
Total interest from all sources	2019-12-31	$3,665
Total dividends received (eg from common stock, registered investment company shares)	2019-12-31	$93,643
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2019-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2019-12-31	$93,643
Was this plan covered by a fidelity bond	2019-12-31	Yes
Value of fidelity bond cover	2019-12-31	$95,000
If this is an individual account plan, was there a blackout period	2019-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2019-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2019-12-31	No
Contributions received from participants	2019-12-31	$1,799,141
Participant contributions at end of year	2019-12-31	$97,622
Participant contributions at beginning of year	2019-12-31	$35,597
Participant contributions at end of year	2019-12-31	$94,962
Income. Received or receivable in cash from other sources (including rollovers)	2019-12-31	$1,427,178
Administrative expenses (other) incurred	2019-12-31	$4,130
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Value of net income/loss	2019-12-31	$3,610,278
Value of net assets at end of year (total assets less liabilities)	2019-12-31	$4,557,227
Value of net assets at beginning of year (total assets less liabilities)	2019-12-31	$946,949
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2019-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2019-12-31	No
Were any leases to which the plan was party in default or uncollectible	2019-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2019-12-31	$4,291,488
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2019-12-31	$896,992
Interest on participant loans	2019-12-31	$3,665
Value of interest in common/collective trusts at end of year	2019-12-31	$73,155
Value of interest in common/collective trusts at beginning of year	2019-12-31	$14,360
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2019-12-31	$398,122
Net investment gain or loss from common/collective trusts	2019-12-31	$1,138
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2019-12-31	No
Was there a failure to transmit to the plan any participant contributions	2019-12-31	No
Has the plan failed to provide any benefit when due under the plan	2019-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2019-12-31	$105,976
Did the plan have assets held for investment	2019-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2019-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2019-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2019-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2019-12-31	Disclaimer
Accountancy firm name	2019-12-31	LUMSDEN MCCORMICK
Accountancy firm EIN	2019-12-31	160765486
2018 : ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2018 401k financial data
Total unrealized appreciation/depreciation of assets	2018-12-31	$0
Total transfer of assets to this plan	2018-12-31	$0
Total transfer of assets from this plan	2018-12-31	$0
Total liabilities at end of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total liabilities at beginning of year (benefit claims payable, operating payabales, acquisition indebtedness and other liabilities)	2018-12-31	$0
Total income from all sources (including contributions)	2018-12-31	$780,789
Total loss/gain on sale of assets	2018-12-31	$0
Total of all expenses incurred	2018-12-31	$22,134
Benefit payments and payments to participlants,beneficiaries,insurance carriers and others	2018-12-31	$21,083
Total contributions o plan (from employers,participants, others, non cash contrinutions)	2018-12-31	$858,713
Value of total assets at end of year	2018-12-31	$946,949
Value of total assets at beginning of year	2018-12-31	$188,294
Total of administrative expenses incurred including professional, contract, advisory and management fees	2018-12-31	$1,051
Total interest from all sources	2018-12-31	$852
Total dividends received (eg from common stock, registered investment company shares)	2018-12-31	$25,094
Has a resolution to terminate the plan been adopted during the plan year or any prior plan year	2018-12-31	No
Total dividends received from registered investment company shares (eg mutual funds)	2018-12-31	$25,094
Was this plan covered by a fidelity bond	2018-12-31	Yes
Value of fidelity bond cover	2018-12-31	$19,000
If this is an individual account plan, was there a blackout period	2018-12-31	No
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities	2018-12-31	$0
Were there any nonexempt tranactions with any party-in-interest	2018-12-31	No
Contributions received from participants	2018-12-31	$713,139
Participant contributions at end of year	2018-12-31	$35,597
Participant contributions at beginning of year	2018-12-31	$7,594
Income. Received or receivable in cash from other sources (including rollovers)	2018-12-31	$145,574
Administrative expenses (other) incurred	2018-12-31	$1,051
Did the receive any noncash contributions whose value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Value of net income/loss	2018-12-31	$758,655
Value of net assets at end of year (total assets less liabilities)	2018-12-31	$946,949
Value of net assets at beginning of year (total assets less liabilities)	2018-12-31	$188,294
Did the plan have a loss casued by fraud or dishonesty (regardless whether reimbursed by fidelity bond)	2018-12-31	No
Were any loans by the plan or fixed income obligations due to the plan in default	2018-12-31	No
Were any leases to which the plan was party in default or uncollectible	2018-12-31	No
Value of interest in registered invesment companies (eg mutual funds) at end of year	2018-12-31	$896,992
Value of interest in registered invesment companies (eg mutual funds) at beginning of year	2018-12-31	$179,295
Interest on participant loans	2018-12-31	$852
Value of interest in common/collective trusts at end of year	2018-12-31	$14,360
Value of interest in common/collective trusts at beginning of year	2018-12-31	$1,405
Net investment gain/loss from registered investment companies (e.g. mutual funds)	2018-12-31	$-103,953
Net investment gain or loss from common/collective trusts	2018-12-31	$83
Were any plan transactions or series of transactions in excess of 5% of the current value of the plan assets	2018-12-31	No
Was there a failure to transmit to the plan any participant contributions	2018-12-31	No
Has the plan failed to provide any benefit when due under the plan	2018-12-31	No
Benefit payments and payments to provide benefits directly to participlants or beneficiaries including direct rollovers	2018-12-31	$21,083
Did the plan have assets held for investment	2018-12-31	Yes
Did the plan hold any assets whose current value was neither redily determinable on an established market nor set by an independent third party appraiser	2018-12-31	No
Were all the plan assets eitehr distributed to particpants/beneficiaries, transferred to another plan or brought under the control of the PBGC	2018-12-31	No
Accountant perfomed limited scope audit pursuant to 29 CFR 2520.103-8 and/or 103-12(d)	2018-12-31	Yes
Opinion of an independent qualified public accountant for this plan	2018-12-31	Disclaimer
Accountancy firm name	2018-12-31	LUMSDEN MCCORMICK
Accountancy firm EIN	2018-12-31	160765486

Form 5500 Responses for ACV AUCTIONS INC 401 K PROFIT SHARING PLAN

2023: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2023 form 5500 responses
2023-01-01	Type of plan entity	Single employer plan
2023-01-01	Submission has been amended	No
2023-01-01	This submission is the final filing	No
2023-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2023-01-01	Plan is a collectively bargained plan	No
2023-01-01	Plan funding arrangement – Trust	Yes
2023-01-01	Plan benefit arrangement - Trust	Yes
2022: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2022 form 5500 responses
2022-01-01	Type of plan entity	Single employer plan
2022-01-01	Submission has been amended	No
2022-01-01	This submission is the final filing	No
2022-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2022-01-01	Plan is a collectively bargained plan	No
2022-01-01	Plan funding arrangement – Trust	Yes
2022-01-01	Plan benefit arrangement - Trust	Yes
2021: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2021 form 5500 responses
2021-01-01	Type of plan entity	Single employer plan
2021-01-01	Submission has been amended	No
2021-01-01	This submission is the final filing	No
2021-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2021-01-01	Plan is a collectively bargained plan	No
2021-01-01	Plan funding arrangement – Trust	Yes
2021-01-01	Plan benefit arrangement - Trust	Yes
2020: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2020 form 5500 responses
2020-01-01	Type of plan entity	Single employer plan
2020-01-01	Submission has been amended	No
2020-01-01	This submission is the final filing	No
2020-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2020-01-01	Plan is a collectively bargained plan	No
2020-01-01	Plan funding arrangement – Trust	Yes
2020-01-01	Plan benefit arrangement - Trust	Yes
2019: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2019 form 5500 responses
2019-01-01	Type of plan entity	Single employer plan
2019-01-01	Submission has been amended	No
2019-01-01	This submission is the final filing	No
2019-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2019-01-01	Plan is a collectively bargained plan	No
2019-01-01	Plan funding arrangement – Trust	Yes
2019-01-01	Plan benefit arrangement - Trust	Yes
2018: ACV AUCTIONS INC 401 K PROFIT SHARING PLAN 2018 form 5500 responses
2018-01-01	Type of plan entity	Single employer plan
2018-01-01	Submission has been amended	No
2018-01-01	This submission is the final filing	No
2018-01-01	This return/report is a short plan year return/report (less than 12 months)	No
2018-01-01	Plan is a collectively bargained plan	No
2018-01-01	Plan funding arrangement – Trust	Yes
2018-01-01	Plan benefit arrangement - Trust	Yes

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Company Name:	ACV AUCTIONS INC
Employer identification number (EIN):	472415221
NAIC Classification:	511210
NAIC Description:	Software Publishers

Jurisdiction of Incorporation:	State of Delaware Division of Corporations
Incorporation Date:
Company Identification Number:	5666092